kyy would have accumulated enough shares at low prices and does his recommendation via his forum to get weak investors to heed his advice to support the share price to rise. then he will off load his holding quietly and will give another adverse comment like in supermax recently. i have lost a lot investment by following blindly. please be wary.
i like how when i scroll down before comments... all i see is 19-Mar-2021 Insider YAYASAN PELABURAN BUMIPUTRA (a substantial shareholder) disposed 2,409,700 shares on 17-Mar-2021. 19-Mar-2021 Insider PERMODALAN NASIONAL BERHAD (a substantial shareholder) disposed 2,409,700 shares on 17-Mar-2021. 19-Mar-2021 Insider AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (a substantial shareholder) disposed 3,500,000 shares on 17-Mar-2021. 18-Mar-2021 Insider YAYASAN PELABURAN BUMIPUTRA (a substantial shareholder) disposed 1,785,000 shares on 16-Mar-2021. 18-Mar-2021 Insider PERMODALAN NASIONAL BERHAD (a substantial shareholder) disposed 1,785,000 shares on 16-Mar-2021. 18-Mar-2021 Insider AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (a substantial shareholder) disposed 1,832,000 shares on 16-Mar-2021. 18-Mar-2021 Insider YAYASAN PELABURAN BUMIPUTRA (a substantial shareholder) disposed 805,300 shares on 15-Mar-2021. 18-Mar-2021 Insider AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (a substantial shareholder) disposed 761,146 shares on 15-Mar-2021. 18-Mar-2021 Insider PERMODALAN NASIONAL BERHAD (a substantial shareholder) disposed 805,300
I have little doubt that MNRB is underrated but it is not the most underrated. Additionally I believe MNRB is too small for your fund size
The world moves in cycles - the seasons, economic cycle and recession (10 years), stock market cycle, property cycle, commodities cycle...
1971 Genting Highlands Opens 2021 50 Years of History and Growth
2009 Global Financial Crisis 2020 Covid-19 Pandemic
2009 Year of the Ox (KLCI + 44%) 2021 Year of the Ox
2009 Mar RM3.08 (low) to 2011 Nov RM11.98 (all time high) 2020 Nov RM2.95 (low) to 2021 RM ????
History always repeats itself
Years of downtrend will be replaced with years of uptrend
Genting (NTA: RM8.56) will once again go on a Supercycle Superbull run in 2021 the Year of the Golden Ox as the economy recovers and accelerates as history has shown countless times after every recession
this oldman is cunning but everyone already see through him. ohh ya before i forget, mbsb is not an insurance company la... they are licensed bank la... like that u also duno mehhh... malu la uncle... why dont you promote IJM... u founded this company wor... dont want make it fly high meh
abang_misai I sold all dominan at lost. will never trust him again. 15/03/2021 3:01 PM
abang_misai Timely call for this undervalue stocks. Dividend year after year. Low PE. Obviously growth around 30% per year. Thanks uncle for this recommendation 19/03/2021 2:52 PM
Geezer sure knows how to get traders to push his purchase up to run in a week with profit of at least 30%. Where to find such a good strategy in this world. Every week profit 30%, haha due to greedy traders chasing the share up.
his entry price? Definitely will not be your price. Just like he is climbing a mountain. Few more steps ahead to the peak and he could get a box of money located there. But he needs all of you to follow behind to push him up or pass him some equipments. Once he got what he wanted, he will use the staircase located at the other side of the mountain to cabut first, while you will take his place at the high with nothing left for the rewards for reaching there..
MNRB announced its 31.12.2020 QTR results on 25.2.2021. Mr Koon could have started to accumulate from below RM1.00. There were 5 trading days he could do that. Perhaps after he could have accumulated enough and decided to share his super underrated gem with I3 readers when the price is around RM1.35, he released his recommdation to the world. He likes to use PE 10 as his target price estimation which is RM2.40.
The question is will he start to sell now as he could already be making 40% returns in less than a month or hold until the stock hit RM2.40??
To know the answer, one needs to be reminded that when he kept recommend the world to buy Supermax when it was going down; he actually [he said it himself] sold it. What a kind gentleman he is. Truly remarkable.
Thus Raider highly agree MNRB is highly undervalue mah...!!
U think uncle KOON want to sell like a cheapskate at current price to u meh ?
Based on General Raider analysis that usually from past historical records & behavior uncle koon, wants to make 100% on its share investment, that means TP rm 1.80 mah!!
Even Tp Rm 1.80 MNRB still very cheap mah...!!
Have confidence lah....just join the party early loh...!!
Think carefully lah....mnrb rights issue 90 sen....now above Rm 1.40 PNB want to sell some lock in some...to hedge their bets mah...!!
It is bcos of PNB selling, KYY & gangs can collect MNRB at reasonable undervalue price with very good profit potential margin mah....!!
Thus MNRB still got big opportunity,to go up further loh, U think PNB do not realise MNRB is highly undervalue meh ?? Of course they also know mah, they just happy that Uncle Koon had the joined the party by invitation or just by gate crash mah...!!
It is likely the PNB sells will eventually stop, thus the price rise of MNRB is likely be sustainable loh!!
Below info are likely intelligent reasons why PNB sold some MNRB loh!!
By getting more liquidity & participations MNRB can be well accepted & share price will move up much stronger mah...!!
Posted by Johnzhang > Mar 20, 2021 11:05 AM | Report Abuse
Is PNB and ASB thinking MNRB is now over- valued and hence selling down? Is an Insurance company of PE 5-6 and hold the sole reinsurance license and in a growing Takaful insurance segment overvalued at this price ? If nos are the answers, we must think rationally what drive the action of PNB/ASB (especially it have resulted share price increase)?
Who are the buyers ? Traders and speculators ?
Is PNB and ASB who collectively hold about 57% in MNRB paring down to provide liquidity and efficiency for foreign and local institutions' to buy in?
Is PNB and ASB action is trying to get fair valuation for MNRB share price ?
We must know that institution investors don't buy illiquid stock ( lack of free-float) and too tightly held stock until the controlling shareholders pare down.
I remember PNB has said not too long ago that it is not their investment bestrategy to have management control in the companies they invested and therefore intend to pare down in companies which they have high stakes.
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Posted by abang_misai > 2021-03-19 14:52 | Report Abuse
Timely call for this undervalue stocks. Dividend year after year. Low PE. Obviously growth around 30% per year. Thanks uncle for this recommendation